Research Paper
Year: 2022 | Month: July | Volume: 9 | Issue: 7 | Pages: 60-71
DOI: https://doi.org/10.52403/ijrr.20220708
The Effect of Sustainability Reporting, Good Corporate Governance, and Dividend Policy on Firm Value with Financial Performance as An Intervening Variable in Mining Company Listed On Indonesia Stock Exchange
Hendra1, Idhar Yahya1, Yen Absah1
1Department of Accounting, Faculty of Economics and Business at Universitas Sumatera Utara, Indonesia
Corresponding Author: Hendra
ABSTRACT
This study aims to test the effect of Sustainability Reporting, Good Corporate Governance, and Dividend Policy on Firm Value in mining sector companies listed on the Indonesia Stock Exchange. In addition, this study also tests whether Financial Performance can mediate the effect of Sustainability Reporting, Good Corporate Governance, and Dividend Policy on Firm Value in mining sector companies listed on the Indonesia Stock Exchange.
This type of research is causal associative research. The object of this research is 47 mining sector companies listed on the Indonesia Stock Exchange from 2015-to 2019. The sample was selected using the purposive sampling method, namely nine companies. The analytical method used in this research is multiple linear regression analysis and path analysis using SmartPLS software.
The results of this study indicate that the variables Sustainability Reporting and Good Corporate Governance do not affect Firm Value. At the same time, the Dividend Policy has a positive and significant effect on Firm Value. The results also show that Financial Performance can mediate the impact of Sustainability Reporting and Good Corporate Governance on Firm Value. Then Financial Performance cannot mediate the effect of Dividend Policy on Firm Value.
Keywords: Sustainability Reporting, Good Corporate Governance, Dividend Policy, Firm Value, Financial Performance.
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